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Fashionable Main Street Retail Clothing and Accessory Boutique

Skagit County, WA
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Asking Price:$749,000
Gross Revenue:$1,177,000
Rent:$3,500/Month
Cash Flow:$252,000
Inventory:$250,000
Established Year:2015
Listing ID: 2261569Listing provided by BizBuySell
BUSINESS DESCRIPTION

Nestled in a lively coastal community with a charming small-town feel, this successful retail clothing business is now available for sale for the first time. The boutique, known for its exceptional service, offers a welcoming and laid-back shopping experience. Serving as a regional shopping hub, the store features a high-quality range of women's and men's clothing, shoes, accessories, and recently introduced lifestyle home products that have sparked significant customer interest. This brick-and-mortar boutique located in a bustling small town showcases a diverse array of global fashion brands for both men and women, specializing in casual and trendy apparel. With a focus on fashionable, comfortable, and travel-friendly clothing and footwear from well-known international labels, the store highlights unique and premium merchandise.

DETAILED INFORMATION
Location
Skagit County, WA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,850
Lease Expiration
16/12/2025
Employees
9
Facilities
This business is located on a very busy corner storefront with showroom windows facing two streets. A 2,800 sq. ft. facility which is located on a main street along with other retailers which provides synergy and a fun small town shopping experience. The lease on this facility is a gross lease with affordable sq. ft. pricing. Monthly lease rate is currently $3,500.
Competition
This is a regional destination as a quality mens and womens clothing store. There is no immediate competion for a brick and mortar location within 20 miles. This store serves more than its local patrons to include folks willing to travel to shop at this unique boutique.
Growth & Expansion
There is an untapped online sales potential that is currently not being utilized. By taking advantage of the current web sales engine that connects to the POS system for inventory and reporting, expanding this aspect of the business would be seamless.
Support & Training
Sellers will provide training in the day to day operations of the business for a period one month with hours to be negotiated, included in the sale price. In addition they will be available for the next buying season in 2025. Willing to work with the buyers to introduce them on how to maintaining brands, buying patterns and trends.
Reason for Selling
Sellers are going into their second retirement mode.
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Larry
George
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Larry George
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